Update:  On January 9, 2013, the PUCO, in a 3-1 ruling, denied AEP-Ohio’s need for the Turning Point Solar project to meet its solar benchmarks through AEP-Ohio’s long term forecast process.

AEP-Ohio requested a nonbypassable charge on all ratepayers in its territory in order to recover its costs to build 49.9 MW of solar energy resources in eastern Ohio. But the PUCO provided that “The evidence offered by AEP-Ohio, as well as Staff, in support of the stipulation, indicates that there is not presently a need for the Turning Point project.” However, the PUCO directed AEP-Ohio that it is still obligated to spend $20 million on the Turning Point project or another project. Therefore, this is unlikely the end of Turning Point project. We will continue to monitor AEP-Ohio’s actions and provide updates accordingly.